Dhaka, Nov. 19 -- Buying US dollar from the Bangladesh Bank (BB) is set to be costlier, as the central bank is planning to raise its exchange rate further to cross Tk 100 each by the end of this calendar year, sources said.

The BB's move comes in line with the suggestions from the International Monetary Fund (IMF) team that visited Dhaka recently, to reach a uniform rate of dollar on the market.

Currently, the BB is selling dollar to the banks at Tk 98 each, which is planned to be revised upward to cross Tk 100 each by December.

Seeking anonymity, a BB official said the central bank wants to reach the target of a unified market rate of dollar, which was suggested by the IMF representatives during their recent visit.

As part of the pla...